Reuters: US Dollar Report: Dollar falls to 7-week low versus yen

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Dollar falls to 7-week low versus yen Jul 23rd 2012, 06:55 LONDON, July 23 | Mon Jul 23, 2012 2:55am EDT LONDON, July 23 (Reuters) - The dollar fell to a seven-week low against a broadly stronger yen on Monday as mounting concerns that indebted Spain may need a full sovereign bailout fuelled demand for the safe haven Japanese currency. The dollar dropped to 77.94 yen on trading platform EBS, it lowest level since early June. Traders said the yen's surge against the euro to a near 12-year peak of 94.23 yen was pushing it higher across the board.

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